Bandits in the lab
نویسندگان
چکیده
We experimentally implement a dynamic public‐good problem, where the public good in question is dynamically evolving information about agents' common state of world. Subjects' behavior consistent with free‐riding because strategic concerns. also find that subjects adopt more complex behaviors than predicted by welfare‐optimal equilibrium, such as noncut‐off behavior, lonely pioneers, and frequent switches action.
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ژورنال
عنوان ژورنال: Quantitative Economics
سال: 2021
ISSN: ['1759-7331', '1759-7323']
DOI: https://doi.org/10.3982/qe1389